This Week
The median list price in MESA, AZ this week is $129,900. The 2071 properties have been on the market for an average of 135 days.
Inventory has been tightening and days-on-market decreasing recently. The Market Action Index has been basically flat, not providing strong indication for market conditions.
Supply and Demand
Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing.
We hope you find this short market overview useful. Click here to view single family homes for sale in Mesa Arizona. Perspective Real Estate Group is ready to help you find your perfect Mesa home for sale.
For more information on Mesa Arizona homes for sale visit us at www.ArizonaPerspective.com
